RCom tower business

RCom signs pact with Brookfield Infrastructure for sale of its tower business

Reliance CommuniRcations on Wednesday signed binding pact with Brookfield Infrastructure and its institutional partners for sale of its tower business.

Dec 21, 2016, 13:35 PM IST

Reliance Communications to sell 51% stake in tower business to Brookfield for Rs 11,000 crore

 Reliance Communications Ltd (RCom) today announced the sale of 51 percent stake in its telecom tower business to Canada-based Brookfield Infrastructure Group, for an upfront cash payment of Rs 11,000 crore.

Oct 14, 2016, 13:49 PM IST